Author: 123jump.com Staff
123jump.com
Last Update: 3:43 PM EDT April 18 2008

The ONS reported that March public sector budget deficit rose to £3.6 billion and net borrowings rose to £10.2 billion. Royal Bank of Scotland is expected to announce a plan to raise £10 billion to bolster its balance sheet. Council of Mortgage lenders reported mortgage lending in March fell 17% from a year ago and rose 5% from February. Kazakhmys and Eurasian Natural fell after Kazakhstan said it may impose a customs duty on exporters of metals and other mining industry.